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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 234 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

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  1. 1.🔍 Which is the odd one out? (a) a juicer (b) a cooler box (c) a cloth banner (d) paper cups
  2. 2.Farhan plans to make 40 potted plants. Each needs ₹6 of materials, and a banner costs ₹60 once. What total budget is needed (in ₹)?
  3. 3.True or false: “paper cups” is a running cost. (a) False (b) True
  4. 4.Rohan has a budget of ₹300. The stock costs ₹70 and the stall fee is ₹230. Is the budget enough? (a) Yes (b) No
  5. 5.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  6. 6.Vihaan’s stall budget is ₹630. Card paper cost ₹180, seeds cost ₹140 and a price board cost ₹240. How many rupees of the budget are left?
  7. 7.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  8. 8.Which of these is a running cost? (a) a cooler box (b) a price board (c) a folding table (d) lemons
  9. 9.Lakshmi has ₹100 to spend on packets of seeds. One packet of seeds costs ₹5. What is the greatest number of packets of seeds Lakshmi can buy?
  10. 10.True or false: “a price board” is a running cost. (a) True (b) False
  11. 11.True or false: “tea leaves and milk” is a running cost. (a) False (b) True
  12. 12.Ananya’s stall budget is ₹620. Napkins cost ₹110, a price board cost ₹90 and pots cost ₹290. How many rupees of the budget are left?
  13. 13.Kavya’s stall budget is ₹430. A price board cost ₹100, napkins cost ₹240 and pots cost ₹40. How many rupees of the budget are left?
  14. 14.Rohan has a budget of ₹900. The stock costs ₹230 and the stall fee is ₹620. Is the budget enough? (a) No (b) Yes
  15. 15.Farhan’s stall budget is ₹550. Paper cups cost ₹230, pots cost ₹80 and a banner cost ₹210. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: a juicer? (a) a one-time cost (b) a running cost
  17. 17.True or false: “sugar” is a one-time cost. (a) True (b) False
  18. 18.Zoya plans to make 46 jute bags. Each needs ₹6 of materials, and a banner costs ₹190 once. What total budget is needed (in ₹)?
  19. 19.Which of these is a one-time cost? (a) card paper (b) lemons (c) a cooler box (d) ice
  20. 20.🔍 Which is the odd one out? (a) paper cups (b) ice (c) card paper (d) a price board
  21. 21.Ananya plans to make 26 fruit cups. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  22. 22.Which of these is a one-time cost? (a) a price board (b) card paper (c) sugar (d) lemons
  23. 23.Vihaan has a budget of ₹800. The stock costs ₹90 and the stall fee is ₹740. Is the budget enough? (a) Yes (b) No
  24. 24.Gurpreet has a budget of ₹1000. The stock costs ₹280 and the stall fee is ₹680. Is the budget enough? (a) No (b) Yes
  25. 25.Zoya has ₹430 to spend on lemons. One lemon costs ₹4. What is the greatest number of lemons Zoya can buy?
  26. 26.🔍 Which is the odd one out? (a) a folding table (b) tea leaves and milk (c) lemons (d) card paper
  27. 27.True or false: “a juicer” is a one-time cost. (a) False (b) True
  28. 28.Vihaan plans to make 39 bags of popcorn. Each needs ₹7 of materials, and a banner costs ₹230 once. What total budget is needed (in ₹)?
  29. 29.Arjun has a budget of ₹300. The stock costs ₹100 and the stall fee is ₹160. Is the budget enough? (a) Yes (b) No
  30. 30.Which of these is a running cost? (a) a cooler box (b) a folding table (c) a cash box (d) paper cups
  31. 31.Which of these is a one-time cost? (a) seeds and soil (b) paper cups (c) tea leaves and milk (d) a cloth banner
  32. 32.Which of these is a running cost? (a) a juicer (b) a folding table (c) a cash box (d) sugar
  33. 33.True or false: “a folding table” is a running cost. (a) False (b) True
  34. 34.Rohan has a budget of ₹700. The stock costs ₹120 and the stall fee is ₹610. Is the budget enough? (a) Yes (b) No
  35. 35.Gurpreet plans to make 42 jute bags. Each needs ₹9 of materials, and a banner costs ₹290 once. What total budget is needed (in ₹)?
  36. 36.Aarav has a budget of ₹900. The stock costs ₹50 and the stall fee is ₹830. Is the budget enough? (a) Yes (b) No
  37. 37.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  38. 38.🔍 Which is the odd one out? (a) lemons (b) ice (c) a juicer (d) tea leaves and milk
  39. 39.Vihaan has ₹340 to spend on packets of seeds. One packet of seeds costs ₹8. What is the greatest number of packets of seeds Vihaan can buy?
  40. 40.True or false: “card paper” is a running cost. (a) False (b) True

Answer key

  1. paper cups
  2. 300
  3. True
  4. Yes
  5. a running cost
  6. 70
  7. a one-time cost
  8. lemons
  9. 20
  10. False
  11. True
  12. 130
  13. 50
  14. Yes
  15. 30
  16. a one-time cost
  17. False
  18. 466
  19. a cooler box
  20. a price board
  21. 380
  22. a price board
  23. No
  24. Yes
  25. 107
  26. a folding table
  27. True
  28. 503
  29. Yes
  30. paper cups
  31. a cloth banner
  32. sugar
  33. False
  34. No
  35. 668
  36. Yes
  37. False
  38. a juicer
  39. 42
  40. True

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